Mike Ashley’s Frasers Builds Stakes in Burberry, Under Armour

Mike Ashley’s Frasers builds stakes in Burberry, Under Armour

Despite Frasers Group’s up-market ambitions, Mike Ashley appears unlikely to abandon the sportswear market which kickstarted his career.

What Under Armour’s New Investor Activity Says About the Brand’s Health

Frasers Group has acquired an 8.78 percent stake in Under Armour, as the sportswear company continues to struggle in its turnaround plan.

Mike Ashley's Frasers Group Acquires 8.8% Stake in Under Armour

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Frasers Group snaps up share in Under Armour

Drapers Frasers Group snaps up share in Under Armour Frasers Group has acquired a 8.78% stake in US sportswear brand Under Armour, but ruled out any attempt to influence the control or governance of the business.

Billionaire Mike Ashley buys 8.8% of struggling Under Armour

Billionaire Mike Ashley's Frasers Group has taken an 8.78% stake in Under Armour, worth about $77 million, adding to its Puma, Burberry and Harvey Nichols buys.